Komori
Hokuriku Gas (9537) · FactFor the full year, sales of and installation work for residential equipment increased revenue but decreased profit.

Generating demand and earnings through air-conditioning equipment sales and installation

First written in FY2020. 1 of 15 entries say "Advanced", first in FY2021. Latest entry: FY2026.

15entries
7years
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ProgressHeldSoftenedWorseFirst statedFY2020OtherFY2022-Q1 – FY20262020: 120202021: 320212022: 320222023: 420232024: 320242025: 020252026: 12026
Same theme, other companies
Demand Fluctuations and Performance Recovery in the Housing Equipment-Related BusinessA theme 9 companies write about · 0 as a headwind · 7 as a tailwind

The whole theme swung hardest in 2020: 3 of 8 companies on the "Worse" side.

3 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
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  1. FY2026For the full year, sales of and installation work for residential equipment increased revenue but decreased profit.Annual report

    「Revenue from the housing equipment sales and installation business was ¥2,091 million, up 1.3% year on year, due to an increase in air-conditioning projects and other factors. Segment profit was ¥124 million, down 17.2%, reflecting higher operating expenses.」

    The business shifted from the lower revenue and profit recorded in the previous fiscal year. Revenue increased due to an increase in air-conditioning projects and other factors, while profit declined because of higher operating expenses.
  2. FY2025-H1Housing equipment sales and installation turned to higher revenue and profit in the first half.Annual report

    「Revenue from the housing equipment sales and installation business was ¥889 million, up 11.6% year on year, while segment profit was ¥52 million, up 48.3%.」

    The business shifted from the lower revenue and profit recorded in the previous fiscal year, with both revenue and segment profit increasing year on year in the current interim period.
  3. FY2024Sales of and installation work for residential equipment recorded lower revenue and profit.Annual report

    「The residential equipment sales and installation business recorded revenue of ¥1.826 billion, down 6.2% from the previous fiscal year, and segment profit of ¥117 million, down 13.5%. The figures were affected by a decline in air-conditioning projects.」

    The trend of lower revenue and profit through the previous quarter continued for the full year, with both revenue and segment profit declining due to a decrease in air-conditioning projects.
  4. FY2024-Q3Sales of and installation work for residential equipment continued to record lower revenue and profit, with the decline narrowing.Annual report

    「The residential equipment sales and installation business recorded revenue of ¥1.408 billion, down 6.6% year on year, and segment profit of ¥89 million, down 17.1%.」

    The residential equipment sales and installation business continued to record lower revenue and profit. Revenue declined 6.6% year on year and segment profit declined 17.1%, with the decreases narrowing from the previous quarter's declines in revenue and profit.
  5. FY2024-Q2Sales of and installation work for residential equipment continued to record lower revenue and profit, with the decline in profit widening.Annual report

    「The residential equipment sales and installation business recorded revenue of ¥796 million, down 7.1% year on year, and segment profit of ¥35 million, down 37.5%.」

    The residential equipment sales and installation business continued to record lower revenue and profit, with segment profit down 37.5% year on year.
  6. FY2024-Q1Sales of and installation work for residential equipment recorded lower revenue and profit.Annual report

    「The residential equipment sales and installation business recorded revenue of ¥405 million, down 1.7% year on year, and segment profit of ¥21 million, down 16.6%.」

    The residential equipment sales and installation business recorded year-on-year declines in both revenue and segment profit.
  7. FY2023Full-year revenue increased but profit declinedAnnual report

    「Revenue from all businesses other than city gas increased 5.7% from the previous consolidated fiscal year to ¥8.293 billion, while profit declined 4.9% to ¥369 million.」

    Other businesses posted higher full-year revenue, while profit declined 4.9% year on year. Sales of and installation work for residential equipment generated higher revenue and profit due to the acquisition of air-conditioning projects.
  8. FY2023-Q3The Other businesses continued to report higher revenue but lower earningsAnnual report

    「Other businesses recorded revenue of ¥6.059 billion, up ¥337 million from the same period a year earlier, and segment profit of ¥227 million, down ¥65 million.」

    Other businesses posted higher revenue year on year but lower segment profit, resulting in higher revenue and lower profit, as in the previous quarterly report.
  9. FY2023-Q2The Other businesses reported higher revenue but lower earningsAnnual report

    「Other businesses recorded revenue of ¥3.783 billion, up ¥344 million from the same period a year earlier, and segment profit of ¥101 million, down ¥24 million.」

    Other businesses posted higher revenue year on year, while segment profit declined by ¥24 million, resulting in higher revenue but lower profit.
  10. FY2023-Q1Revenue increased and the segment returned to profit in the first quarter.Annual report

    「Other businesses recorded revenue of ¥1.777 billion, up ¥343 million from the same period a year earlier, and segment profit of ¥17 million, compared with a segment loss of ¥6 million in the same period a year earlier.」

    Compared with the lower revenue and profit recorded in the cumulative third quarter of the previous fiscal year, other businesses posted higher revenue year on year and returned from a segment loss to profit of ¥17 million.
  11. FY2022-Q3Revenue and profit continued to decline in the nine months ended December.Annual report

    「Other businesses recorded revenue of ¥5.722 billion, down ¥178 million from the same period a year earlier, and segment profit of ¥293 million, down ¥98 million.」

    Other businesses, including LPG, equipment sales and installation work, and civil engineering and piping work, recorded lower revenue and profit, following the cumulative second quarter, with revenue down ¥178 million year on year and segment profit down ¥98 million.
  12. FY2022-Q2Revenue and profit decline for the cumulative second quarterAnnual report

    「Other businesses recorded revenue of ¥3.438 billion, down ¥78 million from the same period a year earlier, and segment profit of ¥126 million, down ¥84 million.」

    Other businesses, including LPG, equipment sales and installation work, and civil engineering and piping work, recorded lower revenue and profit year on year.
  13. FY2022-Q1Revenue declined and the segment swung into the red in the first quarter.Annual report

    「Other businesses recorded revenue of ¥1.433 billion, down ¥61 million from the same period a year earlier, and a segment loss of ¥6 million, compared with segment profit of ¥58 million in the same period a year earlier.」

    Other businesses shifted from higher revenue and profit in the same period a year earlier to lower revenue in the first quarter, and swung from segment profit to a ¥6 million loss.
  14. FY2021AdvancedAnnual report

    「Other businesses recorded revenue of ¥7.942 billion, up 1.9% year on year, and segment profit of ¥520 million, up 8.8%.」

    Other businesses recorded higher revenue and profit, driven by increased orders for air-conditioning equipment sales and installation work and civil engineering and piping work.
  15. FY2020First statedAnnual report

    「Revenue totaled ¥5,155.4 million, up 0.5% from the previous fiscal year, due to increased gas sales volume following the increase in operating activity among large customers and higher equipment sales and installation revenue from air-conditioning projects.」

    The increase in equipment sales and installation work resulting from orders for air-conditioning projects was identified specifically for the first time as a factor behind the current year's revenue growth.
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Hokuriku Gas's next results are scheduled for 2026-11-05. Read the earnings preview
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